UNION ENGINEERING A/S — Credit Rating and Financial Key Figures

CVR number: 13827540
Snaremosevej 27, Erritsø 7000 Fredericia
tel: 76207800

Company information

Official name
UNION ENGINEERING A/S
Personnel
110 persons
Established
1989
Domicile
Erritsø
Company form
Limited company
Industry

About UNION ENGINEERING A/S

UNION ENGINEERING A/S (CVR number: 13827540) is a company from FREDERICIA. The company recorded a gross profit of 115.5 mDKK in 2024. The operating profit was 46.3 mDKK, while net earnings were 39 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 24.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. UNION ENGINEERING A/S's liquidity measured by quick ratio was 1.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales261.54231.01232.98
Gross profit83.0055.1843.3687.52115.49
EBIT19.85-6.63-22.6218.3846.31
Net earnings17.29-7.60-18.5214.9339.03
Shareholders equity total76.97155.85136.73149.89165.19
Balance sheet total (assets)193.97291.37283.52343.27332.12
Net debt12.571.7711.474.02-6.74
Profitability
EBIT-%7.6 %-2.9 %-9.7 %
ROA13.9 %-1.0 %-6.1 %8.0 %16.9 %
ROE25.0 %-6.5 %-12.7 %10.4 %24.8 %
ROI31.6 %-1.7 %-10.7 %15.0 %30.6 %
Economic value added (EVA)11.43-12.12-27.484.5625.07
Solvency
Equity ratio40.6 %54.6 %49.7 %44.2 %50.6 %
Gearing18.2 %3.1 %8.7 %4.7 %4.4 %
Relative net indebtedness %40.3 %52.8 %59.7 %
Liquidity
Quick ratio1.51.41.21.41.7
Current ratio1.51.41.31.51.8
Cash and cash equivalents1.453.130.392.9714.06
Capital use efficiency
Trade debtors turnover (days)20.159.469.5
Net working capital %18.7 %23.8 %19.2 %
Credit risk
Credit ratingAAABBBAA

Variable visualization

ROA:16.9%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.6%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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